Netflix raises prices, intros new plans

Netflix announced two new unlimited DVD plans on Tuesday, including a $7.99 option for one DVD at a time and an $11.99 option that allows users to rent two DVDs at a time. The company also said that it will discontinue its current $9.99 monthly option that provides access to unlimited DVD rentals and unlimited instant streaming each month. Instead, the movie rental service will charge users $7.99 a month for unlimited streaming and a minimum of $7.99 per month for unlimited DVDs (with one rented out at a time at that rate). Essentially, that means users with the current $9.99 offering will instead have to cough up $15.98 per month in order to maintain their current subscription plan. “Reflecting our confidence that DVDs by mail is a long-term business for us, we are also establishing a separate and distinct management team solely focused on DVDs by mail, led by Andy Rendich, our Chief Service and Operations Officer and an 11 year veteran of Netflix,” the company said in a blog post. Netflix’s current plans will expire in September, and users will need to switch to a new plan by that time.

Part of the content people’s game to choke Netflix? http://www.dslreports.com/shownews/Studios-Start-Applying-Pressure-on-Netflix-115099

Anonymous

Their streaming is just shitty enough where you can’t really cancel the physical DVD part. I guess I’ll have to though, not worth it. I’ll enjoy until September.

Cesar4324

I’ve literally ever had an issue streaming once, and they sent me an email apologizing and giving me a credit for the following month. You sure its not your isp thats shitty?

joshie

I’ve had a couple technical issues streaming, but mostly the problem is selection. Less than 25% of my queue is available for Instant, and those are mostly TV shows. And there are many TV shows in my queue that are not available for Instant.

Sdwyer

that is probably their most popular plan, and they are nearly doubling the price. super lame. I hope they feel the wrath of waves of unsubscribers. I for sure will be one.

serpentor

Is there a better alternative?

http://www.thetechtemple.com The Tech Temple

Aw man, they’re increasing prices again? O_o Well I guess it is pretty good deal for getting 1 DVD and unlimited streaming for $15.98. It’d be nice if they could grandfather people into a bit of a lower price point.

Bringit

That’s a massive increase. Adios.

Anonymous

Yeah, between the extra $6 bucks and your AT&Taxation plan you’ll be one broke-@$$ sheep.

Bsulla

Bullshit. Streaming is weak and can’t stand on it’s own. Thanks for the dry hump Netflix.

Anonymous

Which reminds me, I must cancel my Free Monthly Trial by the 16th.

Netflix = Poor Title Selection

(No wonder it was on the iPhone first, those sheep wouldn’t know the difference between good or bad title selection anyway; they just happily follow each other)

im canceling. Ill just torrent more! not a big deal for me! Screw you netflix. You should at least have the courtesy of grandfathering your previous loyal customers in. But since your greedy F**ks, ill be canceling. This won’t increase revenue. This will decrease it once people see their monthly bills go higher.

Pedrojoe14

The streaming is all we use anyway. I’ve had a dvd for about 6 months that I haven’t watched. This is actually forcing me to make a change i should have made a long time ago, to just go with the streaming option. Don’t overreact too much boys.

ItsSoooAwkward

Netflix was supposed to be the anti-Blockbuster. In other words, they weren’t supposed to screw their customers. But almost doubling your rates in under 7 months? For what, so I can stream episodes from the 84′ season of Cheers? The selection sucks. So you have to have the DVD package and they know that. I declare shenanigans! Now that they’ve defeated Blockbuster, they’re just going to follow in their footsteps. I won’t accept a price increase of over 50% from anyone but the gasoline companies and that’s because they have me by the balls. Netflix does not and will lose a happy (until now) and loyal subscriber because of it.

serpentor

The increase the price of gas doesn’t actually have anything to do with the gas companies themselves. It’s part the value of the US dollar and part speculative investing. But I digress…

serpentor

What economy of scale? You’re adding a separate stream for each new subscriber. It’s not like broadcast TV or radio where it costs the same if 1 or 1,000 people consume it.

serpentor

Which competitors are you referring to? Who else streams movies like Netflix does?

Billb4

Amazon does!

serpentor

I have amazon Prime, but the selection of movies is pretty impotent. I just figured the number of titles doesn’t even come close to what Netflix offers. But I don’t have Netflix so I don’t know for sure.

Am I wrong?

Shawnh91

Happy I use hulu plus, Netflix is so 2007

Anonymous

i think i’ll be hopping on hulu plus as well

http://twitter.com/Synacks Synacks

Goodbye Netflix and hello Bittorrent! I heard it’s free on the other side.

Perdy

I don’t see how the Streaming will stand on its own, unless they really bolster their selections there. As a trial user, I continually came across movies I could not stream… I had to get the DVDs. With this price change, why would I even bother with streaming when I know I can get more of the movies I want on DVD?

They destroyed Blockbuster, and now they’re top of the heap. I guess anything is fair game?

Soutelo79

ive have netflix for years even before it was popular and i started at 7.99/month or 8.99/ month now im paying 9.99/ month..15.98/month not worth it HBOGO thats comletely has much better movies to watch online and on my android phone…

NYC Los

Cancelled my membership…plus the postal service in New York takes 4 days to turn around a DVD if you are lucky. Thank goodness for FiOS, HBO on Demand, etc…

@COZisBack

Guess who’s cancelling their service which included Blu-Ray Service??? ***Raises Hand*** GTFOH Netflix.

angryshortguy

Ouch!
I had the two at a time and streaming for $15.98 a month (with tax).
Don’t see any reason to dish out another $5+ per month for nothing new.
Buh-bye Netflix, hello Redbox…

Frazier25

wonder what blockbuster has to offer

http://twitter.com/j0ls0n Justin Olson

My 1-DVD-at-a-time and unlimited streaming is now going up by $6 a month… this is why people pirate movies.

I’m cancelling immediately.

Jellis1414

I am cancelling my Subscription…. I guess you must think that Nothing is better than something. Well congradulations, you are going to get nothing from me now! BYE BYE netflix!